My afternoon train reading:
• In defense of the EMH (Noahpinion) see also Why the efficient markets hypothesis merited a Nobel (FT.com)
• U.S. Bill Supply at Eisenhower-Era Low Seen Bolstering Bonds (Bloomberg)
• The Global Wealth Distribution (Conversable Economist) see also What if “Global Headwinds” cease to be a thing anymore? (The Reformed Broker)
• Why The Military Is Pushing To Green The Government (Fast Company)
• Two views of default:
…..–From the Right: The Foolishness of Default Denialism (National Interest)
…..–From the Left: Radicalization of the GOP is the Most Important Political Story Today (Moyers and Co)
• Bodies Double as Cash Machines With U.S. Income Lagging (Bloomberg)
• Niall Ferguson’s Horrible Track Record On Economics (Business Insider)
• Boehner to Tea Party: Shut Yourself Down (Bloomberg) see also Markets Suffer D.C. Games, Because They Have To (Moneybeat)
• TED talks are lying to you (Salon)
• Important New Theory Explains Where Old Memories Go (Scientific American)
What are you reading?
Vital Signs: Shutdown Battle Taking Toll on Sentiment
Source: Real Time Economics
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